FCT had a Third Party Independent Audit and had presented the Audit Report in the off-again-on-again Annual General Meeting (AGM) last November 14, 2021. Failing grade Yale PGC LLP, the third party Independent Auditor, issued FCT a qualified audit report for 2016, 2017, and 2018. On page 1 of the Opinion Section of the Independent Auditor’s Report, the… Read More »
Turnabout on AGM On September 28, 2021, Mary Ann San Juan, President & CEO of FCT, issued an Annual General Meeting (AGM) Letter postponing the AGM for October 2021 until further notice. Thus, 2021 would have been the second year of no AGM for its members. She stated Covid as the reason and that “a virtual meeting may… Read More »
In a surprising development, the Filipino Centre Toronto (FCT) co-founder, former Chairman, and principal benefactor, Dr. Vicky Santiago, DDM, has resigned from the FCT Board of Directors (BOD). The loss of Dr. Santiago, a stalwart supporter, at this critical time does not bode well for the FCT BOD. As a pillar and well-respected figure in the Filipino community… Read More »
The October 2, 21019 FCT Annual General Membership Meeting (AGM) chalked up another one for the books. Halloween has indeed arrived early for its members. First off, elected were the current board members, principally the ‘same sailors rowing the same boat’. Most of the current board members stayed put, meaning current culture prevailed or a status quo. The… Read More »
Member petitioners have now sent another official letter to The Filipino Centre Toronto (FCT) Board to follow up on their petition to have FCT conduct an independent third party financial audit of FCT’s books and accounting records for years 2016 – 2018. FCT President Mary Anne San Juan approved this motion for an independent financial audit way back during… Read More »